Question: The following financial information is available for Last Chance Repossessions

The following financial information is available for Last Chance Repossessions Company as of December 31, 2012:
Required
Calculate all profitability, liquidity, and solvency ratios (except earnings per share, price to earnings, and debt to equity) and comment on Last Chance's overall profitability, liquidity, and solvency. Round percentages to one decimal point (i.e., 12.8%).



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  • CreatedJuly 16, 2015
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